Bengaluru Real Estate Market Shows Resilience with 5% Sales Increase in Q1 2026
Bengaluru real estate market stays resilient: Sales up 5% in Q1 2026, prices continue upward trend
Hindustan Times
Image: Hindustan Times
Bengaluru's residential real estate market experienced a 5% increase in sales during the first quarter of 2026, contrasting with a 4% decline in India's top eight cities. The average residential price rose 4% to ₹8,952 per square foot, with strong demand in the mid and premium segments, particularly for homes priced between ₹1-2 crore.
- 01Bengaluru's residential sales rose by 5% to 13,092 units in Q1 2026.
- 02The weighted average residential price increased by 4% to ₹8,952 per square foot.
- 03Demand is primarily in the mid and premium segments, especially for homes priced between ₹1-2 crore.
- 04Sales in affordable housing categories saw significant declines.
- 05New supply in Bengaluru increased by 4% year-on-year, with 17,185 units launched.
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Bengaluru's residential real estate market demonstrated resilience in Q1 2026, with sales increasing by 5% to 13,092 units. This growth stands out against a 4% decline in housing sales across India's top eight cities, which totaled 84,827 units. The weighted average price of residential properties rose by 4% to ₹8,952 per square foot, driven largely by demand in the mid and premium segments. The ₹1–2 crore category led sales with 6,190 units, while the ₹2–5 crore segment followed with 3,235 units sold. In contrast, affordable housing categories saw significant drops, with sales in the sub-₹50 lakh and ₹50 lakh–₹1 crore segments declining by 23% and 12%, respectively. The luxury segment also expanded, particularly for homes priced between ₹10–20 crore, which saw notable growth. Overall, Bengaluru remains a strong market amid global uncertainties, with new supply increasing by 4% year-on-year to 17,185 units.
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The resilience in Bengaluru's real estate market may lead to increased investment opportunities and a stable housing market, benefiting homebuyers and investors alike.
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